University of Cape Town

Bachelor of Business Science in Actuarial Science

Business, Commerce and Management Studies - Finance Economics and Accounting

Purpose and Rationale

The four-year honours-level Business Science degree is designed to provide students with a broad general exposure to business and relevant academic and supporting disciplines, such as Economics and Mathematics, as well as specialisation in the fields of Actuarial Science (with or without Finance or Economics as optional extras) or Quantitative Finance.

The objective underlying this degree is to educate students to think, analyse, deduce, integrate, and communicate effectively within the chosen special field. The structure and content of the programme is designed to give students every opportunity to develop managerial abilities which will encourage continued personal growth, and enhance societal, economic, and business activity.

The degree is not a substitute for practical business experience but rather an opportunity for a liberal education involving at the same time some understanding of the scientific method. The degree requires a study of the structure and working of the business world through a study of the scientific approach to management problems and use of current quantitative and computer techniques in those areas in business management formerly considered to be purely matters of opinion and judgement.

In the case where the specialisation is Actuarial Science, specific courses are designed to enable credit to be given from the equivalent professional examinations.

Outcomes

Assessment Criteria

Applicable to:

(a) Critical cross field outcomes:

  • Demonstration of ability to analyse case material from a broad perspective, including all functional disciplines.
  • Demonstration of knowledge of the literature in the chosen specialist field of study and the general management and practitioner literature.
  • Demonstration of competence in data analysis and interpretation.
  • Ability to understand the business-society nexus, and the role of business in social policy.
  • Ability to share business knowledge to external stakeholders in society.
  • Acceptance of different viewpoints and values from a business and societal perspective.

(b) General outcomes:

  • Demonstration of ability to present and defend and analyse both verbally and in written form.
  • Demonstration of ability to interact with critical audience interaction.
  • Ability to interact with learners and employees in business situations through presentation of opinions, findings, analyses, and strategic recommendations.

(c) Specific Outcomes:

  • Demonstration of ability to present a critical analysis of literature in the chosen specialist field of study.
  • Ability to integrate numerical data into prose descriptions and arguments.
  • Ability to understand the business-society nexus.
  • Ability to accept different viewpoints and values from a business and societal perspective.

Integrated Assessment:

  • Demonstration of ability to organise ideas and facts in a logical, coherent way.
  • Ability to anticipate the responses and objections of an imagined reader.
  • Integration of numerical data into prose descriptions and arguments.
  • Understanding the need to cite references fairly and accurately.
  • Ability to represent and consider views and perspectives alternative to his or her own.

Further Assessment in Second Year:

  • Ability to formulate arguments, research goals, research strategies, and public description and justification of goals, tasks, and findings.
  • Integration of competencies to the level expected of a junior manager delivering a professional report.

Assessment in Final Year:

  • Ability to integrate and self-consciously appraise performance in all functional and practical competencies.
  • Performance on research, describing and defending positions, compiling written reports, and working towards co-operative outcomes.
  • Continuous feedback-driven observations and commentary on oral and written performance.

Assessment in Third and Fourth Years:

  • Understand theoretical concepts not explained in advance.
  • Analyze industry and company problems similar to examples.
  • Production of solutions to assess skills and comprehension in marketing, finance, human resources, operations, information systems, and economic issues.

Qualification Details

Type
National First Degree(Min 480)
NQF Level
08
Min. Credits
576
SAQA Source
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University of Cape Town
Description
The University of Cape Town (UCT) is a prestigious public research university located in Cape Town, South Africa. Established in 1829, it is the oldest university in South Africa and has consistently been ranked as the top university on the African continent. UCT offers a wide range of undergraduate and postgraduate programs across various disciplines, including humanities, sciences, engineering, health sciences, and commerce. The university is known for its commitment to academic excellence, research, and social impact. UCT's campus is situated on the slopes of Devil's Peak, providing stunning views of Cape Town and Table Mountain. The university attracts a diverse student body from South Africa and around the world, fostering a vibrant and multicultural learning environment.

This page includes information from the South African Qualifications Authority (SAQA) . Builtneat Pty Ltd trading as Study Start, has modified all or some of this information. SAQA has not approved, endorsed, or tested these modifications.